Solvetic Technologies Private Limited

Solvetic Technologies Private Limited - information technology in Hyderabad, Telangana, India. Directors, charges & compliance details.
CIN U72900TG2020PTC139226 Incorporated 14 February 2020 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2021
₹14.83 Lakh
Latest filing
Net loss · FY 2021
₹87,704
Net margin -5.9%
EBITDA · FY 2021
-₹87,704
EBITDA margin -5.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2021
Balance sheet date

About Solvetic Technologies Private Limited

Data last updated:

Solvetic Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 14 February 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2020PTC139226.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Tulasi Polu and Komma Suneetha.

Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No 1/87/414 & 415 F No 701 A Block Yuva Shankar Residency Kondapur, Hyderabad, Telangana, India – 500084.

As per the financials filed for FY 2021, the company reported a revenue of ₹14.83 Lakh. For the same year it recorded a net loss of ₹87,704 (net margin -5.9%) and EBITDA of -₹87,704 (EBITDA margin -5.9%).

Company Details of Solvetic Technologies Private Limited
CIN U72900TG2020PTC139226
Registration Number 139226
Incorporation Date 14 February 2020
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 November 2021
Date of Balance Sheet 31 March 2021
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No 1/87/414 & 415 F No 701 A Block Yuva Shankar Residency Kondapur, Hyderabad, Telangana, India – 500084
  • Industry
    Information Technology, Other Computer Related Activities
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Financials, compliance, directors, charges, ownership and filings for Solvetic Technologies Private Limited in one report.

Financials from FY 2020 Directors & ownership Charges & compliance

Business Activity of Solvetic Technologies Private Limited

The main business activity of Solvetic Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Solvetic Technologies Private Limited FY 2021 filings available

Solvetic Technologies Private Limited reported revenue of ₹14.83 Lakh for FY 2021.

Revenue · FY 2021
₹14.83 Lakh
Net loss · FY 2021
₹87,704 margin -5.9%
EBITDA · FY 2021
-₹87,704 margin -5.9%

Financial Statement Summary of Solvetic Technologies Private Limited

MetricsFY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations••••••••
Other Income••••••••
Total Revenue••••••••
Cost of Materials Consumed••••••••
Employee Benefit Expense••••••••
Finance Costs••••••••
Depreciation and Amortisation••••••••
Other Expenses••••••••
Total Expenses••••••••
EBITDA-₹87,704••••
Profit Before Tax••••••••
Tax Expense••••••••
Net Profit (PAT)-₹87,704••••
Balance Sheet
Share Capital••••••••
Reserves and Surplus••••••••
Net Worth (Total Equity)••••••••
Long-term Borrowings••••••••
Short-term Borrowings••••••••
Trade Payables••••••••
Total Liabilities••••••••
Fixed Assets••••••••
Investments••••••••
Inventories••••••••
Trade Receivables••••••••
Cash and Bank Balance••••••••
Total Assets••••••••

Financial Ratios of Solvetic Technologies Private Limited

MetricsFY 2020-21FY 2019-20
Profitability
EBITDA Margin-5.9%••••
Net Profit Margin-5.9%••••
Return on Equity (ROE)••••••••
Return on Capital Employed (ROCE)••••••••
Return on Assets (ROA)••••••••
Liquidity and Debt
Current Ratio••••••••
Quick Ratio••••••••
Debt-to-Equity Ratio••••••••
Interest Coverage Ratio••••••••
Efficiency and Growth
Asset Turnover••••••••
Receivable Days••••••••
Payable Days••••••••
Inventory Days••••••••
Revenue Growth••••••••
Net Profit Growth••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Solvetic Technologies are in the company report.

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Financial statements from FY 2020

Earlier years and trend charts are in the company report.

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Peer Comparison of Solvetic Technologies Private Limited

Solvetic Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kubik Design Solutions Private Limited₹14.84 Lakh (FY 2021)••••••••-46.0%••••Bhubaneswar, Odisha, India
Carvalho Business Solutions Private Limited₹14.84 Lakh (FY 2025)••••••••-1.0%••••Margao, Goa, India
Shivyana Technology Private Limited₹14.83 Lakh (FY 2023)••••••••••••Indore, Madhya Pradesh, India
Codesgesture Techonology Private Limited₹14.83 Lakh (FY 2024)••••••••253.0%••••Gorakhpur, Uttar Pradesh, India
Axes Geeks Private Limited₹14.83 Lakh (FY 2025)••••••••134.0%••••Kaithal, Haryana, India
Solvetic Technologies Private Limited this company₹14.83 Lakh (FY 2021)••••••••••••Hyderabad, Telangana, India
Minmax Infosystems Private Limited₹14.83 Lakh (FY 2025)••••••••129.0%••••Chennai, Tamil Nadu, India
L.S. Computers Private Limited₹14.82 Lakh (FY 2025)••••••••39.0%••••New Delhi, Delhi, India
5Zee Infotech Private Limited₹14.82 Lakh (FY 2025)••••••••-73.0%••••Pune, Maharashtra, India
Lono Mobility Technologies Private Limited₹14.82 Lakh (FY 2024)••••••••••••Chennai, Tamil Nadu, India
Valuechakra Technology Private Limited₹14.81 Lakh (FY 2022)••••••••-50.0%••••Navi Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Solvetic Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Board of Directors of Solvetic Technologies Private Limited

Solvetic Technologies has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Tulasi PoluDirector14 Feb 20206 Years 7 MonthsCurrent
Komma SuneethaDirector14 Feb 20206 Years 7 MonthsCurrent

Charges & Borrowings of Solvetic Technologies Private Limited

Solvetic Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Solvetic Technologies Private Limited

Employment history and EPFO contributions of people linked to Solvetic Technologies.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Solvetic Technologies Private Limited

Solvetic Technologies Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Komma Suneetha was appointed as Director on 14 Feb 2020.

AGM
Solvetic Technologies Private Limited last Annual general meeting of members was held on 29 Nov 2021 as per latest MCA records.
Filing
Solvetic Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.
Appointed
Komma Suneetha was appointed as Director.
Appointed
Tulasi Polu was appointed as Director.
Incorporation
14 Feb 2020
Solvetic Technologies Private Limited was registered on 14 Feb 2020 with Roc Hyderabad & aged 6 years 7 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Solvetic Technologies Private Limited

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MSME Payment Delays by Solvetic Technologies Private Limited

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Subsidiaries & Group Companies of Solvetic Technologies Private Limited

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GST Compliance of Solvetic Technologies Private Limited

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MCA Filings & Documents of Solvetic Technologies Private Limited

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MCA filings and documents

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Frequently Asked Questions about Solvetic Technologies Private Limited

Solvetic Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 14 February 2020 (6+ years old) and is registered under CIN U72900TG2020PTC139226.

Solvetic Technologies reported revenue of ₹14.83 Lakh for FY 2021.

Solvetic Technologies has 2 current directors:

Solvetic Technologies reported a net loss of ₹87,704 (net margin -5.9%) and EBITDA of -₹87,704 (EBITDA margin -5.9%) for FY 2021, as per its filed financial statements.

The CIN (Corporate Identification Number) of Solvetic Technologies is U72900TG2020PTC139226. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solvetic Technologies was incorporated on 14 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.

The peers of Solvetic Technologies by revenue are Kubik Design Solutions Private Limited, Carvalho Business Solutions Private Limited, Shivyana Technology Private Limited, Codesgesture Techonology Private Limited, Axes Geeks Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).

Komma Suneetha was appointed as Director on 14 Feb 2020. Tulasi Polu was appointed as Director on 14 Feb 2020.

The registered office of Solvetic Technologies is at Plot No 187414 & 415 F No 701 A Block Yuva Shankar Residency Kondapur, Hyderabad, Telangana, India – 500084.

Solvetic Technologies has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.

Solvetic Technologies operates in the information technology industry, in the other computer related activities segment.

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